Yankuang Energy Group Company Limited (OTCMKTS:YZCAY) Sees Significant Drop in Short Interest

Yankuang Energy Group Company Limited (OTCMKTS:YZCAYGet Rating) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 700 shares, a decrease of 84.1% from the March 15th total of 4,400 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is presently 0.1 days.

Shares of OTCMKTS:YZCAY opened at $32.02 on Thursday. Yankuang Energy Group has a 52 week low of $11.73 and a 52 week high of $32.90. The company has a 50 day moving average price of $27.12 and a two-hundred day moving average price of $21.59.

Several equities research analysts have commented on the stock. Zacks Investment Research downgraded shares of Yankuang Energy Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 28th. JPMorgan Chase & Co. raised shares of Yankuang Energy Group from an “underweight” rating to a “neutral” rating in a research note on Wednesday, March 9th.

About Yankuang Energy Group (Get Rating)

Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal in worldwide. It offers thermal, PCI, and coking coal for electric power, metallurgy and chemical industry, etc.; produces and sells coal chemicals, as well as electricity and related heat supply services; and explores for potash mineral.

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